Two-Story Storefront
New
For Sale
$1,890,000
3058-3062 Route 9, Old Bridge, NJ 08857
Commercial Sale, Old Bridge, NJ
Property Size10,710 SF
Price / SF$176.47
Days on Market4
Property Features for 3058-3062 Route 9
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Retail, Commercial
Rooms
Basement
Parking
15
Parking features
Off Street
Basement
Walk-Out Access, Full, Partially Finished
Lot features
Fenced/ Enclosed Area, Highway Frontage, Major Frntg
Directions
Use GPS
Standard status
Active
APN
15-15506-0000-00008-11
Size
10,710 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
32307
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
flexible layout
full walk-out basement
off-street parking
Building Details
Floors in Building
2
Building materials
Stone, Brick
Roof type
Flat
Listing Agency:
American Homes Group
(732) 289-3900
Listed By:
Maurice Molcho · License #2077605
(917) 657-1384
Added: Sep 14
Changed: Sep 15
Last Checked: Sep 17 at 8:06PM
MLS# 22629125
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 10,710-square-foot storefront property presents a two-story commercial configuration with a full walk-out basement and multiple interior layout possibilities. Stone and brick construction, a flat roof, forced-air heating, and central air conditioning support the existing building improvements. Public water and sewer serve the property, while off-street parking is available on site.
The property fronts Route 9 at 3058-3062 Route 9 in Old Bridge, New Jersey, placing it along an established commercial corridor. Its highway frontage provides direct exposure from the route, and the surrounding area includes retail properties and residential communities. The building may accommodate retail, office, or service-oriented use configurations, subject to buyer verification of permitted uses.
The property fronts Route 9 at 3058-3062 Route 9 in Old Bridge, New Jersey, placing it along an established commercial corridor. Its highway frontage provides direct exposure from the route, and the surrounding area includes retail properties and residential communities. The building may accommodate retail, office, or service-oriented use configurations, subject to buyer verification of permitted uses.
Key Highlights
- 10,710 square feet of commercial storefront space
- Two‑story building with a full walk‑out basement
- Route 9 frontage at 3058‑3062 Route 9
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$152,867
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,057,340
$3.1M
Cap Rate 7%
$2,183,814
$2.2M
Cap Rate 9%
$1,698,522
$1.7M
Market Conditions
NOI Build-Up for 10,710 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$231.3K $21.60/SF
− Vacancy
−$13.0K −$1.21/SF
EGI
$218.4K $20.39/SF
− OpEx
−$65.5K −$6.12/SF
NOI
$152.9K $14.27/SF
Area
Middlesex County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,057,340
Cap Rate 7%
$2,183,814
Cap Rate 9%
$1,698,522
Alternative Uses
Best Use
Retail
$2.18M
$1.91M – $2.55M
NOI $152,867 @ 7.0% cap · market cap 8.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M
NOI $195,762 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08857, NJ
40,675
Population
16,241
Households
2.5
Avg Household Size
43
Median Age
36%
College-Educated
93%
High-School Grad
24.0 sq mi
ZIP Area
1,695
Density / Sq Mi
$101,192
Median Household Income
$59,028
Median Earnings
$1,462
Median Rent
$459,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- Flower Cart Florist — 2350 US-9 SOUTH, Old Bridge, NJ 08857
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial layout with a walk-out basement and off-street parking.
Where is this storefront property located?
The property is located at 3058-3062 Route 9 Old Bridge, NJ.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: 10,710 square feet of commercial storefront space; Two‑story building with a full walk‑out basement; Route 9 frontage at 3058‑3062 Route 9
